Sheraton is owned by Marriott (the United States, NASDAQ: MAR), which acquired the brand on 23 September 2016 for $13 billion.[1][2] Sheraton was founded in 1937 in the United States and was independent until 2016.
Sheraton was the first hotel chain listed on the New York Stock Exchange and was the largest in the world for a time. Marriott acquired it with Starwood in 2016 and has been renovating the brand since, its reputation having slipped considerably.
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Marriott acquired Starwood Hotels & Resorts for about $13 billion, creating the largest hotel company in the world with around thirty brands. A rival Chinese-led bid pushed the price up during the process before being withdrawn.
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The parent company of Sheraton is Marriott, a publicly listed company headquartered in the United States.
Yes. Sheraton originated in the United States in 1937 and its owner, Marriott, is also headquartered in the United States.
Marriott completed its acquisition of Sheraton on 23 September 2016, after announcing the deal on 16 November 2015. The deal was valued at $13 billion.
Sheraton was an independent company from its founding in 1937 until Marriott acquired it in 2016.
Yes. As of 16 September 2026, Sheraton is still owned by Marriott. The ownership record was last checked against primary sources on that date.
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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